It’s Time for Women to Start their Own Businesses
Angela Davis, the American political activist, once said, "I'm no longer accepting the things I cannot change… I'm changing the things I cannot accept." As we make this applicable to the real world, we can corroborate this sentiment concerning women. Women are more than mothers and homemakers, but executives, teachers, doctors, etc. Furthermore, they are resilient individuals who take calculated risks. Through collaboration and honesty, women can achieve long-term results.
Business ownership has been the primary method to increase wealth and break glass ceilings. With financial literacy and business acumen, women can now navigate upward mobility through their careers by having more control over their futures. In addition, business ownership allows them to follow their passion, find meaning within their purpose, and build their legacy. It's just a bonus that the various business functions promote learning opportunities that promote a thorough understanding of entrepreneurship.
Why Entrepreneurship?
A leader needs to encompass innovation and initiative to produce problem analysis and implement strategic resolutions to be a successful entrepreneur. Healthy businesses need leaders who are empathetic, vulnerable, self-aware, and humble. These qualities are the defining factors that set women as better leaders than men. Based on women's innate nurturing ability, they can build relationships while simultaneously developing others. Becoming an entrepreneur is the next step if women want more recognition, pay equality, flexibility, or job security.
COVID-19's Effect on Women Within the Workforce
As we embark on yet another wave within this pandemic, the biggest lesson learned is that an individual should not depend on one source of income. Uncertainty plays a prominent role in corporate jobs, which debunks the idea that being an employee will provide job security and wealth. COVID-19 has had rippling effects on women within the workforce. However, Black women, working mothers, and women in upper management positions have experienced the most setbacks because they are parents to children ten years and younger.
With the various roles and responsibilities women have, they feel the pressure due to being burned out and exhausted. Workplace issues such as the gender pay gap between men and women increased, and women's representation in executive positions decreased, accelerated by the increase in digitization trends and automation. Women will now have to create a new path to reenter and reengage within the workforce. Or they can become entrepreneurs by focusing on the things they love to do and personal development through skill-building or learning recent trends within their respective industries.
Conclusion
Starting a business might be the most exciting, nerve-wracking, and most challenging task. But this option allows for women to decide when and how they want to reenter the workforce. Women who start their businesses can now take back control of their finances and support their lifestyles by doing something they love. Additionally, it provides flexibility between their various roles and responsibilities and allows them to measure their success.
